Shareworld's Guide to Investing - The Official Blog

Friday, 11 June 2010

BP share price recovers

BP shares are up 7.3% (26.75p) at 392p

BP Dividend

BP, the beleagured oil giant has said that reports that it will defer the second quarter dividend payment are 'wrong'. A spokesman said "no decision has been made"
The Times said BP will defer payment of the next dividend to pacify US politicians. BP has told the paper that it is wrong.

Thursday, 10 June 2010

BP Overview

I believe that, in the long-run, taking a contrarian view will generate better returns than following the crowd. So naturally my attention is currently focused on one company above all others - BP. After all, there aren't many firms that have Barack Obama gunning for their CEO, the whole of America up in arms about their environmental crimes, and one of the world's worst ecological disasters on their oil-stained hands...BP Overview - Full Article

Tuesday, 8 June 2010

European dividend yields exceed bond yields

For only the third time in 30 years equity dividend yields have risen above those on bonds. Yields previously crossed over in March 2003 and late 2008 marking the bottom of the market on both occasions.  

Friday, 4 June 2010

Stocks tumble

Global stocks reversed this afternoon on fears of 'Greek style ' debts in Hungary,US jobs data (non-farm payrolls) worse than hoped, and market rumours that Soc Gen has big losses in derivatives division (I repeat, rumours)

ARM Funds Linux Development

Six big technology companies are joining forces to fund a non-profit company to help speed development of Linux-based software...Read the Full Article